Rate Information. The
Annual Percentage Yield is a percentage rate that reflects
the total amount of dividends to be paid on an account based
on the dividend rate and frequency of compounding for an annual
period. For Term Share accounts, the Dividend Rate and
Annual Percentage Yield are fixed and will be in effect for
the term of the account. The Annual Percentage Yield
is based on an assumption that dividends will remain on deposit
until maturity. A withdrawal of dividends will reduce
earnings.

Nature of Dividends. Dividends are
paid from current income and available earnings after required
transfers to reserves at the end of the dividend period.

Dividends Compounding and Crediting.
The compounding and crediting of dividends applicable to each
account is set forth in the Rate Schedule. The Dividend Period
begins on the first calendar day of the Dividend Period and
ends on the last calendar day of the Dividend Period.

Balance Information. The minimum balance
requirements applicable to each account are set forth in the
Rate Schedule. For Term Share accounts, dividends are calculated
by the average Daily Balance method which applies a periodic
rate to the average daily balance in the account for the period.
The average daily balance is determined by adding the full
amount of the principal in the account for each day of the
period and dividing that figure by the number of days in the
period.

Accrual of Dividends. For Term Share
accounts, dividends will begin to accrue on non cash deposits
(e.g. checks) on the business day you make the deposit to
your account. For Term Share accounts, if you close
your account before accrued dividends are credited, accrued
dividends will not be paid.

Transaction Limitations. After your
account is opened, your ability to make additional deposits
to your account or withdrawals of dividends and any limitations
on such transactions are set forth in the Rate Schedule.

Maturity. Your account will mature
as indicated on your Rate and Fee Schedule or on your Account
Receipt or Renewal Notice.

Early Withdrawal Penalty. We may impose
a penalty if you withdraw any of the principal before the
maturity date.

Amount of Penalty. For Term Share
accounts, the amount of the early withdrawal penalty for your
accounts is ninety (90) days dividends.

How the Penalty Works. The penalty
is calculated as a forfeiture of part of the dividends that
have been or would be earned on the account. It applies whether
or not the dividends have been earned. In other words, if
the account has not yet earned enough dividends or if the
dividend has already been paid, the penalty will be deducted
from the principal.

Exceptions to Early Withdrawal Penalties.
At our option, we may pay the account before maturity without
imposing an early withdrawal penalty under the following circumstances:
(i) When an account owner dies or is determined
legally incompetent by a court or other body of competent
jurisdiction.
(ii) (blank for future insert).

Renewal Policy. For Term Share
accounts, your account will not automatically renew, but you
may renew the account at your option. Dividends will not be
paid after maturity. The balance will be transferred to another
account of yours or the balance will be paid to you by check
or any portion of the maturing term share may be re-invested
in a new term share.

Nontransferable/Nonnegotiable. Your
account is nontransferable and nonnegotiable. The funds in
your account may not be pledged to secure any obligation of
an owner, except obligations with the Credit Union.

Our Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA guidelines. We are working to increase the accessibility and usability of our website for all individuals. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 724-299-3730 for assistance. Products and services available on this website are available at our office located at 115 E McMurray Road, Ste B PO Box 1278 McMurray, PA 15317.